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New Member
posted Apr 21, 2022 11:31:59 AM

China tax agreement

Income exempt under china tax treaty

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1 Replies
Level 4
Apr 21, 2022 2:45:31 PM

If all or a portion of your foreign income is non-taxable due to a tax treaty, declare that amount on line 25600  (Foreign Income- Summary section) on your income tax return. The exempt portion of foreign income varies based on the terms of the relevant tax treaty, and the Canadian Department of Finance maintains copies of all current tax treaties on its website.

 

Different types of income, such as business income and pension income, may all be taxed differently, even if they are from the same country. In some cases, even the same type of income from one country may be treated differently based on the dates that the payments started or other factors.

 

For more information, please see the Canada Revenue Agency (CRA) webpage: Agreement Between the Government of Canada and the Government of the People's Republic of China 

 

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